The problem of existence
Series: Building ; 265(8160) 3 November 2000, 61(1)Publication details: 2000Subject(s): Summary: Considers potential pitfalls involved in signing a letter of intent, as highlighted by a case involving the architect HOK and a job it took on in Hanover. Among the lessons to be learnt from this case are: agreeing to do work, or supplying goods, while still negotiating a contract is a constant source of litigation; if work is to be carried out in this time, a basis of remuneration should be agreed in advance; when agreeing a contract while forming a company, it is important to expressly agree to negate personal liability if that formation remains incomplete.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | London Journal article | ABS62947 (Browse shelf(Opens below)) | 1 | Available | 109233-1001 |
Considers potential pitfalls involved in signing a letter of intent, as highlighted by a case involving the architect HOK and a job it took on in Hanover. Among the lessons to be learnt from this case are: agreeing to do work, or supplying goods, while still negotiating a contract is a constant source of litigation; if work is to be carried out in this time, a basis of remuneration should be agreed in advance; when agreeing a contract while forming a company, it is important to expressly agree to negate personal liability if that formation remains incomplete.